Bloomberg Coke is trying to slim down its business, not just its sodas. The Atlanta-based company said its profit fell 55 percent as global sales volume dipped and it booked charges related to getting out of the manufacturing and distribution of its drinks. Coca-Cola Co. has been selling those operations back to independent bottlers around the country and plans …

  Bloomberg Large private companies should have to meet the same corporate governance and reporting requirements that apply to publicly traded firms, a panel of lawmakers recommended, citing the collapse of the department-store chain BHS Group Ltd. BHS, formerly known as British Home Stores, went out of business in April 2016 with a pension deficit of at least 570 million …

  Bloomberg Investors buying into Snap Inc.’s much-anticipated initial public offering won’t have any say on how much the company pays its executives. Snap will not be subject to the say-on-pay provisions of the Dodd-Frank Act, the company said in an updated deal prospectus. The act was put in place after the 2008 financial crisis to help investors throttle outsized …